Decent quick calc Binwood.
That's assuming all open pit, which is unlikely. Probably a mix of OP in the first few years and then UG which will drive capex upwards. However might be slightly offset as they chase the cobalt.
Also assumes 75k/t for Cobalt - Probably see this hit 100k/t (long term price would be interesting).
I imagine once production commences, high profitability and than potentially a taper as they move towards UG. Also note the US/AUD exchange rate could vary a lot.
Either way, I agree valuation is going to be huge.
Decent quick calc Binwood. That's assuming all open pit, which...
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $30.85M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $32.65K | 2.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5259000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3032467 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |